How Leverage Affects Transaction Costs With ForexGen

Written by fxgenbrand

Besides increasing the strength of your losses, leverage also has another way of killing you.  It’s a much slower kind of death, though, kind of like being continually occurring open to view to high levels of radiation. Most traders don’t see it coming till they are dead.

This killer I’m talking about is the combined transfer [...]

The USDX Components With ForexGen

Written by fxgenbrand

Now that we know what the basket of currencies are, let’s get back to that “geometric weighted average” part. Because not every country is the same size, it’s only fair that each is given appropriate weights when calculating the U.S. Dollar Index. Check out the current weights:

As you can see, with its 12 countries, euros [...]

How to Use the COT Report | ForexGen Tips

Written by fxgenbrand

In this section we will show you how to use the Commitment of Traders (COT) reports to accomplish this goal as we will skillfully explain how to break down the COT data into producers, consumers, and funds so you understand the positions and activities of these key market participants. In addition, you will be able [...]

Getting Sentimental with ForexGen Trading

Written by fxgenbrand

Sentimental analysis is what it sounds like – gauging the market sentiment.  What does that mean?  Well, as traders, a part of our job is to determine if a market is bullish, bearish, overbought, oversold, and to plan a trade for those market conditions – basically putting all of the things we’ve learned up until [...]

Bollinger Bands & ADX With ForexGen

Written by fxgenbrand

Bollinger Bands & ADXIf there is one thing that a trader would want to know for certain, it would be how to pinpoint the bottom or top of a trend.
But simple as it sounds, it is easier said than done. Trying to determine if a certain market wave is complete or just a retracement in [...]